Ken Griffin gives $3 billion to Carnegie Mellon for Miami campus and Pittsburgh support

  • Ken Griffin committed $3 billion to Carnegie Mellon University for Miami and Pittsburgh initiatives.
  • Carnegie Mellon allocated $2 billion to Miami and $1 billion to its Pittsburgh campus.
  • Carnegie Mellon plans Miami construction in 2027 and first student enrollment in 2028.

Citadel founder Ken Griffin has committed $3 billion to Carnegie Mellon University in what the university calls the largest individual gift ever made to a higher-education institution. The donation allocates $2 billion to establish a 35-acre interdisciplinary campus in Miami's Wynwood neighborhood and $1 billion to the university's Pittsburgh campus. Carnegie Mellon expects the Miami project to support more than 3,500 undergraduate, master's and Ph.D. students and nearly 300 faculty members, with construction planned for 2027 and first student enrollment targeted for 2028, pending regulatory approvals. The initiative builds on a partnership between Carnegie Mellon and Citadel, which has recruited technology talent from the university. Griffin, who graduated from Harvard University in 1989, will join Carnegie Mellon's board of trustees. The gift follows his 2022 decision to move Citadel from Chicago to Miami and adds to his commitments to Harvard University, the University of Chicago and Miami Dade College.

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